SOURCE: Miller Tabak Roberts Securities, LLC

October 15, 2008 12:20 ET

Miller Tabak Roberts Securities Grows Equities

NEW YORK, NY--(Marketwire - October 15, 2008) - Miller Tabak Roberts Securities, LLC announced an expansion of the Firm's equity and equity-linked institutional sales and trading business.

The company has launched a preferred stock desk under the leadership of newly-hired Director Alex Johansen. Mr. Johansen, formerly of Credit Suisse and Bear Stearns, brings nearly twenty years of experience to the launch.

Chief Executive Officer Robert Schoenthal said, "We expect Alex's desk strongly to complement our core franchises in convertible and high yield bonds, as well as our growing business in market-making and institutional sales of OTC and post-reorganization common stocks."

Chief Operating Officer Joel E. Miller observed that "MTR has continued its expansion of equity and equity-linked products beyond the preferred launch with two additional senior hires." The Firm has recently recruited Senior Vice Presidents Adrian Miller and Eric Niederreither.

Mr. Miller, formerly of Citigroup, joined the Firm as a convertible bond salesperson / desk analyst, while Mr. Niederreither, most recently of GFI Group, joined the firm as an OTC / post-reorganization stock sales-trader.

(The Firm previously announced, last week, the addition of three senior analysts to its research team.)

ABOUT THE FIRM:

Miller Tabak Roberts Securities, LLC is a globally-focused brokerage firm specializing in institutional sales and trading of high yield, distressed, and emerging market debt, convertible securities, emerging market and special situation equities, and preferred stock. Our distinguished team of analysts provides quality, independent fixed income and equity research. MTR is headquartered in New York City and has branch offices in Dallas and Miami. More information can be found at www.mtrdirect.com.

Contact Information

  • CONTACT:
    Robert Schoenthal
    Chief Executive Officer
    (212) 370-0040